GBST Syn∽FTT

Available as a standalone solution or as an add-on to Syn∽Finance, Syn∽FTT is designed specifically for calculating, reporting and paying global financial transaction taxes. This gives you the ability to process FTT across business lines, asset classes and regions.

·         True STP capabilities

·         Task driven role based workflow

·         Intelligent exception management

·         Easily interface with and validate trade data from multiple sources.

·         Configurable rules to identify tax or exemption applicability

·         Rule driven charge schedules for correct tax rate application

·         Flexible trade netting per tax country, to allow optimization by client of firm

·         Reprocessing capabilities to correctly apply amendments

·         Declarations formatted by custodian and reporting agent

·         Reconciles tax taken vs tax paid (market and client side)

·         Run global tax operations, across business lines, across regions in one system

·        Easy deployment via a URL and Browser means that your IT resources do not need to spend time installing or updating software

 

Product and service specifications
Database
• Oracle
Language used
• Java
Operating system
• HP-Unix
• Linux
• Windows 7
Pricing structure
• Other
User interface
• Web
Tags:
financial transaction tax accounting, FTT